Hopeful Home Nepal
Hopeful Home Nepal
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  • WHO WE ARE
    • Our Mission & History
    • Our Team
    • Our Accomplishments
    • Our Finances
    • Profile of our Children
    • Meet Our Children
    • Our Future Plans
    • Please Contact Us
  • WHAT WE DO
    • Our Major Services
    • Orphanage Operations
    • Education Programs
    • Vocational Trainings
  • HOW YOU CAN HELP
  • DONATE / SPONSOR
  • More
    • HOME
    • WHO WE ARE
      • Our Mission & History
      • Our Team
      • Our Accomplishments
      • Our Finances
      • Profile of our Children
      • Meet Our Children
      • Our Future Plans
      • Please Contact Us
    • WHAT WE DO
      • Our Major Services
      • Orphanage Operations
      • Education Programs
      • Vocational Trainings
    • HOW YOU CAN HELP
    • DONATE / SPONSOR
  • HOME
  • WHO WE ARE
    • Our Mission & History
    • Our Team
    • Our Accomplishments
    • Our Finances
    • Profile of our Children
    • Meet Our Children
    • Our Future Plans
    • Please Contact Us
  • WHAT WE DO
    • Our Major Services
    • Orphanage Operations
    • Education Programs
    • Vocational Trainings
  • HOW YOU CAN HELP
  • DONATE / SPONSOR

Our Finances

Your U.S. Dollars go a long way in Nepal!

This section of the website provides information on the costs of operating the Hopeful Home Orphanage.  As you will observe, the total cost incurred by the orphanage for one year is approximately $26,000 U.S. Dollars.  Yes, it's hard to believe that the costs are that low.  It's impressive that such a small investment can go so far in Nepal and make a very  significant difference in the lives of the children who reside at Hopeful Home and for its employees. 

Expenses involved in operating Hopeful Home

Food and Nutrition

The largest expense involves the costs of food and nutrition for the 19  children residing at Hopeful Home and for the on-site staff.  Food purchased throughout the year include rice and flower, vegetables, lentils, snacks, fruit, meat, eggs, tea and sugar, oil and spices, and cooking gas. These costs total approximately $8,000 representing almost a third of the annual budget.

Education

Education expenses largely consist of mandatory school fees, textbooks, school uniforms, and school supplies.  The annual cost is approximately $5,800 representing about 22 percent of operating costs. 

Staff Costs

Annual staffing costs are approximately $5,500 representing 20 % of operating costs. It is hard to believe but the funds pay for five full time staff members including the director, assistant director, cooks, care givers and an activities manager.  

Shelter

Hopeful Home does not own its building at this time but rather pays for rent and building repairs   Building related expenses include rent, a rental tax, utilities and  maintenance.  Annual costs are approximately $3,200 representing  thirteen percent of  total costs. 

Health Care

Hopeful Home works hard to assure that children are healthy and receive medical care and counseling when needed. Costs have fortunately historically been low and are about $500 annually.  Good hygiene is also promoted which has contributed to the health of the children and staff.

Other Expenses

Hopeful Home also encounters miscellaneous expenses.  Typically they include the costs related to office administration,  entertainment and clothes for the children.  These expenses typically amount to less than ten percent of operating costs.


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Hopeful Home for Orphans - Bhaktapur, Nepal   

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